Now showing items 1-5 of 5
Relative equity market valuation conditions and acquirers’ gains
(2017-10) - Journal article
We examine whether the relative equity market valuation conditions (EMVCs) in the countries of merging firms help acquirers’ managers to time the announcements of both domestic and foreign targets. After controlling for ...
Historical Frontiers and the Rise of Inequality. The Case of the Frontier of Granada
(2017-02-01) - Journal article
This paper explores the political economy that leads frontier regions to be unequal. By focusing on the presence of a stable frontier between Castile and the Nasrid Kingdom of Granada in the late Middle Ages, our analysis ...
The consequences of persistent inequality on social capital : a municipal-level analysis of blood donation data
(2017-02) - Journal article
This letter advances the hypothesis that persistent inequality affects cultural traits and undermines social capital. We use blood donation data at the local level in Southern Spain to document that, indeed, persistent ...
Firm type, feed-in tariff, and wind energy investment in Germany : An investigation of decision making factors of energy producers regarding investing in wind energy capacity
(2017-04-19) - Journal article
The development of renewable and sustainable energy is advanced by public financial support. Particularly so in the German Energiewende, which seeks to replace nuclear and fossil electricity generation with wind, sun, and ...
Cross-border investment expenditure spillovers in European gas infrastructure
(2017-08) - Journal article
We investigate the implications of an integrated vis-à-vis a national perspective regarding investment in natural gas infrastructure. In particular, we analyze cross-border spillovers related to the investment expenditure ...